NZD/USD

- USD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	NZDUSD
ISIN:

NZD/USD - Daily - Technical analysis published on 10/09/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bearish

Technical indicators

11%

72%

17%

My opinion

Bearish under 0.6132 USD

My targets

0.6053 USD (-0.0050)

0.5980 USD (-0.0123)

My analysis

The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on NZD/USD as long as the price remains well below 0.6132 USD. The next bearish objective for sellers is set at 0.6053 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.5980 USD. In case of crossing, the next objective would be the support located at 0.5877 USD.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

4.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by GCrow. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NZD/USD rating is 0.6103 USD. The price is lower by -0.44% since the last closing with the lowest point at 0.6095 USD and the highest point at 0.6138 USD. The deviation from the price is +0.13% for the low point and -0.57% for the high point.

0.6095

0.6138

0.6103

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NZD/USD:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of NZD/USD indicates that the overall trend is slightly bearish. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily

In fact, 13 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

MACD indicator is back under 0

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.5980	0.6053	0.6089	0.6103	0.6132	0.6197	0.6261
Change (%)	-2.02%	-0.82%	-0.23%	-	+0.48%	+1.54%	+2.59%
Change	-0.0123	-0.0050	-0.0014	-	+0.0029	+0.0094	+0.0158
Level	Minor	Intermediate	Intermediate	-	Intermediate	Major	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6072	0.6089	0.6110	0.6127	0.6148	0.6165	0.6186
Camarilla	0.6120	0.6123	0.6127	0.6130	0.6134	0.6137	0.6141
Woodie	0.6073	0.6090	0.6111	0.6128	0.6149	0.6166	0.6187
Fibonacci	0.6089	0.6104	0.6113	0.6127	0.6142	0.6151	0.6165

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5842	0.5993	0.6076	0.6227	0.6310	0.6461	0.6544
Camarilla	0.6094	0.6115	0.6137	0.6158	0.6180	0.6201	0.6222
Woodie	0.5807	0.5976	0.6041	0.6210	0.6275	0.6444	0.6509
Fibonacci	0.5993	0.6083	0.6138	0.6227	0.6317	0.6372	0.6461

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5901	0.6004	0.6174	0.6277	0.6447	0.6550	0.6720
Camarilla	0.6270	0.6295	0.6320	0.6345	0.6370	0.6395	0.6420
Woodie	0.5936	0.6021	0.6209	0.6294	0.6482	0.6567	0.6755
Fibonacci	0.6004	0.6108	0.6172	0.6277	0.6381	0.6445	0.6550

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	39.36
MACD (12,26,9):	-0.0005
Directional Movement:	-9.7397
AROON (14):	-50.0000
DEMA (21):	0.6215
Parabolic SAR (0,02-0,02-0,2):	0.6314
Elder Ray (13):	-0.0085
Super Trend (3,10):	0.6297
Zig ZAG (10):	0.6110
VORTEX (21):	0.9719
Stochastique (14,3,5):	6.69
TEMA (21):	0.6180
Williams %R (14):	-94.37
Chande Momentum Oscillator (20):	-0.0157
Repulse (5,40,3):	-1.2830
ROCnROLL:	2
TRIX (15,9):	0.0549
Courbe Coppock:	1.01

MA7:	0.6183
MA20:	0.6229
MA50:	0.6159
MA100:	0.6123
MAexp7:	0.6172
MAexp20:	0.6207
MAexp50:	0.6174
MAexp100:	0.6135
Price / MA7:	-1.29%
Price / MA20:	-2.02%
Price / MA50:	-0.91%
Price / MA100:	-0.33%
Price / MAexp7:	-1.12%
Price / MAexp20:	-1.68%
Price / MAexp50:	-1.15%
Price / MAexp100:	-0.52%

Quotes : - Real time data - Forex

News

The latest news and videos published on NZD/USD at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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